AT&T, DuPont cutting work forces
AT&T Inc. joined the recession's parade of layoffs Thursday by announcing plans to cut 12,000 jobs, about 4 percent of its work force. Separately, DuPont said it will cut 2,500 jobs.
Crisis as Canada PM suspends Parliament
Canada's Prime Minister said Thursday that he's been allowed to suspend Parliament, a decision that that allows him to delay a vote that could bring down his new government.
Police chief, club indicted in boy's Uzi death
A police chief and a gun club in western Massachusetts were indicted on charges of involuntary manslaughter in the death of an 8-year-old boy who accidentally shot himself.
Congresswoman hangs up on Obama
A Florida congresswoman hung up on president-elect Obama Wednesday, thinking it was a prank.
Automakers pitch Congress anew
U.S. automakers drew fresh skepticism from lawmakers Thursday in a rocky confrontation over their pleas for an expanded $34 billion rescue package they say they need to survive.
Bernanke urges more action on foreclosures
Fed chief Ben Bernanke called on the government to ramp up efforts to stem soaring home foreclosures, which are feeding into the country's deep economic troubles.
U.S. weighs action on mortgage rates
Department considers plans to intervene directly to force down rates and stimulate the moribund housing market, according to sources.
European, U.K. central banks cut rates
The European Central Bank has cut its benchmark interest rate to 2.5 percent, following similar moves by central banks across the continent.
Solar car completes first round-the-world trip
The first solar-powered car to travel around the world ended its journey at the U.N. climate talks Thursday, arriving with the message that clean technologies are available now to stop global warming.
India airports on alert amid warning, shooting scare
A Pakistani militant group apparently used an Indian operative as far back as 2007 to scout targets for the elaborate plot against India's financial capital, authorities said Thursday.
